Used in the production of photoconductive polymers for electrophotography and organic semiconductors. Commonly employed in photoreceptors, solar cells, and light-emitting diodes (OLEDs) due to its ability to form stable radical cations and transport holes efficiently. Also utilized in UV-curable resins, adhesives, and coatings where rapid polymerization under light exposure is required. Its derivatives are explored in nonlinear optical materials and sensor technologies.